Abstract
With a multi-market model of the U.S. tobacco and cigarette industries, we analyze the impact of a reduction in the assistance to U.S. tobacco producers by relaxing production quotas with nonbinding price support and by lowering tariffs on tobacco imports. The results show the importance of incorporating differentiated product and supply control assumptions into agricultural policy analysis.
Original language | English (US) |
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Pages (from-to) | 301-315 |
Number of pages | 15 |
Journal | Agricultural Economics |
Volume | 7 |
Issue number | 3-4 |
DOIs | |
State | Published - Oct 1992 |
Externally published | Yes |
ASJC Scopus subject areas
- Agronomy and Crop Science
- Economics and Econometrics